Anthony Cheng Purchases Retail Property At 4625 Harrison Road Fredericksburg For $4.03M
SOLD
Virginia
See Similar DealsRetail5,734 SF
Sold 11/21/2025
SOLD
Anthony Cheng Purchases Retail Property At 4625 Harrison Road Fredericksburg For $4.03M
4625 Harrison Road
See Similar DealsRetail5,734 SF
Sold 11/21/2025
Summary
VIRGINIA
Asset Type:Retail
Price Per Square Foot:$702
Total Square Footage:5,734 SF
Transaction Type:Sale
A retail asset located at 4625 Harrison Road in the Fredericksburg market has been sold for $4,030,000. The property offers a total square footage of 5,734 and is priced at approximately $702 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,030,000
- Square Footage: 5,734
- Address: 4625 Harrison Road
- Market: Fredericksburg
- Buyer's Name: Anthony Cheng
- Seller's Name: Victoria Diamond
- Buyer's Representative: Andrew Fallon - SRS Real Estate Partners
- Seller's Representative: Jonathan De La Rosa - Marcus & Millichap
The transaction showcases key representatives in the deal with Andrew Fallon representing the buyer, Anthony Cheng, while Jonathan De La Rosa represents the seller, Victoria Diamond. These brokers facilitated the successful closure of this retail property transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$214,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,317.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,104.26
Annual Debt Service$229,251.07
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